Gavea is a conventional gas development located in ultra-deepwater in Brazil and is operated by Equinor Brasil Energia. Gavea lies in block C-M-539, with water depth of around 9,515 feet.
The project is currently in feasibility stage and is expected to start commercial production in 2026. Final investment decision (FID) of the project will be approved in 2022. The Gavea conventional gas development will involve the drilling of approximately two wells.
Field participation details
The field is owned by Equinor, Repsol, Petroleo Brasileiro and China Petrochemical.
Production from Gavea
Production from the Gavea conventional gas development project is expected to begin in 2026 and is forecast to peak in 2029, to approximately 37 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2042.
Remaining recoverable reserves
The field is expected to recover 22.28 Mmboe, comprised of 133.66 bcf of natural gas reserves.
Contractors involved in the Gavea conventional gas field
The key contractors involved in the Gavea project as follows.
Other Contractors: IKM Gruppen
About Equinor Brasil Energia
Equinor Brasil Energia Ltda is a energy firm. The company owns and runs plants that produce petroleum, natural gas, and solar energy. It is headquartered in Brazil.
Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.